The Latest Commodity Futures Trading Commission News

US court junks My Big Coin Pay’s attempt to dismiss CFTC lawsuit
Business 28 September 2018

US court junks My Big Coin Pay’s attempt to dismiss CFTC lawsuit

A court in Massachusetts has backed the U.S. Commodity Futures Trading Commission (CFTC) in their interpretation of virtual currencies as commodities (and thus within the regulator’s jurisdiction), in the process dismissing a petition from the My Big Coin’s promoters to have the case set aside.

Court slaps Colorado illegal crypto pool operator with $1.9M fine
Business 24 July 2018

Court slaps Colorado illegal crypto pool operator with $1.9M fine

A New York court has found Dillon Michael Dean, a Colorado-based cryptocurrency pool operator, of fraud charges. Dean’s company, The Entrepreneurs Headquarters Limited (TEH) has been the subject of an early 2018 lawsuit by the U.S. Commodity Futures Trading Commission.